This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $70,479 initial cash invested.
0.92%
Cash On Cash
7.15%
Cap Rate
1.13
DSCR
$2,920
Rent
$54
Cashflow
Cash Flow
$2,920 income − $2,866 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,920
Total Expenses
$2,866
Mortgage P&I
45%
$1,318
Property Taxes
16%
$467
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321